A選項的表述不應(yīng)該是risk premium嗎？只說market risk就可以了嗎？
這里的59 和 60題，為何算CAPM forecast不需要用Rf＋beta??（excess market return）？而是直接用beta0.8??6%？（59題，60同理）
習(xí)題冊139: a bank creates ABS from its pool of subprime mortgages. Subsequently, the bank created ABS CDO from the mezzanine tranche of the ABS. Each structured security has 3 tranches. The senior tranche of the ABS CDO has: C, lower risk than the equity tranches of both the ABS and ABS CDO D, lower risk than both the equity and mezzanine tranches of the ABS 這個題我之前提過一點，我再詳細(xì)記錄下：這里為何一下說ABS一下說ABS CDO，以及他們到底屬于三層的哪一層？有點暈，望解答
在Enron的案例中，aggressive accounting techniques should be highly scrutinized by investors, or the target company should be avoided as a potential investment.怎么理解
關(guān)于MG公司的案例中，liquidity considerations may require a hedge that is appropriate but not the theoretical minimum variance.這句話如何理解
在MG公司的案例中，there was a cash flow problem that constrained the company ability to fully execute the hedge already in place這句話如何理解？
在尼克里森的案例中，the Nikkei collapsed due to an earthquake這種說法準(zhǔn)確嗎？
treynor比例是否具有前瞻性？那么他是否可以預(yù)測未來？
CAPM assumes that the market is the only source of covariance between returns和if we employ a procedure and identify more than one common factor, we can logically reject the CAPM.這兩句話如何錯了？
ERM的基礎(chǔ)basis和一定要指派CRO有關(guān)嗎，還有和這句the silo approach to risk management is the optimal risk management strategy有關(guān)？這句話邏輯感覺很奇怪
the use of credit derivatives 難道不是造成金融危機(jī)的原因嗎，題目中說的是要改為misuse，這是否過于文字游戲
risk appetite是公司不破產(chǎn)能承擔(dān)的最大風(fēng)險，事實上，風(fēng)險偏好需要集中于一個事情：one board，durable這句話為何錯？感覺前半句是在描述risk tolerance？即能承擔(dān)多少風(fēng)險這個意思；risk appetite應(yīng)該描述的是要承擔(dān)具體哪類風(fēng)險吧？這里概念不太清楚；；；還有感覺這個one board也不太對
the final step of the risk management process involves developing a risk mitigation strategy這句話哪里錯了呢？最后一步是管理風(fēng)險，管理風(fēng)險里包含了避免、轉(zhuǎn)移、留存？
如何理解SML以下的任何資產(chǎn)or投資組合其實際的市場價格相較于CAPM得到的理論價格都是被高估的？反之亦反？
這個流程下來安然不就是在虧錢嗎？怎么會財報賺錢？
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